# SIFT LIMITED (03230061)

> SIFT LIMITED is an active private limited company (company number 03230061) incorporated on 26 July 1996, registered in Bristol. Its registered activity is other information technology service activities (SIC 62090). Latest group accounts cover the period ending 31 December 2024, showing net assets of −£1.45m and cash of £79k, with 42 employees on average. Net assets fell 13% on the prior period (−£1.28m).

- Status: Active
- Incorporated: 1996-07-26
- Registered office: Bristol, BS1 4EX
- SIC 62090: Other information technology service activities
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-08-09
- Accounts type: GROUP

By net assets it sits in the bottom quarter of 660 comparable companies in Bristol (median £3,134, upper quartile £34k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£1.45m | £79k | — | £2.91m | — | −£167k | 42 |
| 2023-12-31 | −£1.28m | £1,221 | — | £4.72m | — | −£758k | 63 |
| 2023-01-01 | — | — | — | — | — | — | — |

current ratio 0.4; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-1,448,869 at 31 December 2024
- Current assets below creditors within one year: Current ratio 0.4
- Cash at bank of £50,000 or more: Cash £79,456
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 26 July 1996
- Accounts past their due date: Due 30 September 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Albion Capital Group Llp (corporate-entity) — has significant influence or control, since 2016-04-06
- Mr Ben Heald — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Albion Technology & General Vct Plc (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights, since 2025-07-10

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/03230061
HTML: https://firmoscan.com/company/03230061-sift-limited